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(2) Subject to paragraph (3), in respect of service on and after 1st January 1988—;
(a) the salaries of Members not falling within sub-paragraph (b) shall be at a yearly rate equal to eighty-nine per cent. of the rate which represents the maximum point from time to time on the main national pay scale of the Civil Service grade of Senior Principal or, is such a scale ceases to exist, on the scale which supersedes it; and
(b) the salaries of Officers of this House and Members receiving a salary under the Ministerial and other Salaries Act 1975 or a pension under section 26 of the Parliamentary and other Pensions Act 1972 shall be at a yearly rate equal to sixty-seven per cent. of the rate which represents the maximum point from time to time on the scale referred to in sub-paragraph (a).
(3) Paragraph (2) shall not authorise the making of any payment out of public funds after the end of the period of three months beginning with the day on which any future Parliament first meets unless within that period the continued operation of that paragraph is approved by a Resolution of this House.